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RE: My hint that Peter Schiff works for the banking cabal

in #fake7 years ago

So summarized:

Bitcoin has more intrinsic value than gold. Bitcoin has lost 30 % of its value last month but gained 200.000 % since 2013 while gold has lost 50 % of its value since then. There is no reason why gold couldn't drop further just as much there is no reason that Bitcoin might go to 5000 $ in January. The history story is not a valid reason. Gold is also older than the internet but the internet is used more than gold. History has nothing to do here. The dollar is newer than gold and used more also. You don't need more than 7 transactions per second to be a store of value. Gold has even less transactions per second. But now come the advantes of Bitcoin. It is scarcer than gold, you can move value over the internet to the other side of the world in an instance, it is better dividable which makes it more flexible as a currency than gold. So basically Bitcoin is a store of value that can be used as a currency. And it is much easier and safer to keep at your home than gold. It can't be counterfeited (gold can as much fake gold coins already proved). ... Bitcoin >>> gold